- Gold is currently trading at a crucial supply zone - It's interesting to even watch whether we can witness and cover the leftover upside or not - We also need to wait for the price to keep consolidating here if we are favoring a bullish move - However, if we are on the bearish side then it's important for us to see a good reaction from the supply
after the US Federal Reserve signaled interest rate cuts are coming next year In addition to central bank meetings, investors will likely keep an eye on the European Union leaders' summit in Brussels, starting next Thursday. The summit comes at a critical time for Ukraine, as the Biden administration has so far failed to get a $60 billion aid package through...
This analysis was based on the symmetrical triangle pattern after a long period of order building the market was sideways for too long leaving the candle stick pattern in the triangle pattern which usually has a breakout but since it was New York opening hours and the weekend the movement in the market was so aggressive that the sell was very profitable...
- Gold is currently trading in a bearish trend - Do not trade either side market can deleverage you - Keep a close watch on DXY - Let Gold mitigate 2035-2050 first - This can be a zone to pull off some good shorts in Gold - Wait for the execution and do not rush over it - I am bearish on GOLD
- Gold short Idea stays intact - Huge Sl hunt and liquidity grab it was
XAUUSD pair is currently trading in a critical price range, specifically between 2075 and 2080. This analysis aims to provide a bearish perspective on the market conditions within this price bracket. Technical Analysis: Resistance Levels: The price range of 2075-2080 has historically acted as a significant resistance zone. Multiple attempts to breach this level...
Gold rose higher after the fund bought 13 tons Gold will likely continue to rise on November 21 but there will be a recovery Data released last week raised hopes that the Fed could begin easing monetary conditions sooner than expected after the job market slowed and price inflation showed signs of cooling. Lower interest rates put downward pressure on the dollar...
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Greetings! Welcome traders. By choosing to "Follow", you can stay updated with the latest information promptly. Kindly consider clicking "Boost" as well. Wishing you a pleasant day.
Yesterday gold completely broke through the parallel price increase channel and the SPDR fund yesterday had no move to trade gold. Today we will have news from the FED due to Mr. Powell's speech. This is a very important speech. greatly affects gold. On the D1 chart, the stochastic is falling sharply and the histogram has a decreasing trend, so today our SELL...
Today we will not have important news for you to enjoy gold. According to technical analysis of the H1 chart, gold forms a triangle and we can trade in the 2002-1980 price range. In the article, I have marked the points you can enter to make profits. Good.
On the 1D chart, gold has formed a doji candle, and the FED still maintains the interest rate at 5.50%. In yesterday's press conference, Mr. Powell continued to bring inflation down to 2%, and when the FED has not brought inflation down to 2-2.5%, they still did not reduce interest rates. Mr. Powell emphasized that short-term monetary policy The regime currently...
Short Position with SL and 3 TPs. All ideas are my own analysis. For educational Purpose only. Any Loss on taking this trade is not my responsibility. Taking position off my idea is own responsibility, Users are responsible for their our actions. Tip: Always trade with Risk Management
Today we will have very important USD news: ISM Manufacturing PMI, JOLTS Job Openings, ISM Manufacturing Prices and in the early morning of November 2 there will be 3 more news: Federal Funds Rate, FOMC Statement, FOMC Press Conference but This news is likely to have a big impact on gold, so we need to pay attention to orders when the news comes out According to...
FOREXCOM:AUDUSD - 4H Analysis Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your...
FOREXCOM:XAUUSD Risky Trade Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your...
Gold prices (XAU/USD) hovered around $1,950 after retreating from the two-month high of $1,962 in early Asian trading on Thursday. The precious metal's rebound was bolstered by escalating political tensions in the Middle East, driving the flow towards safe-haven assets. Meanwhile, the US Dollar Index (DXY), measuring the USD against six major currencies, rose to...